Concentrated Solar Thermal Market Is Booming Worldwide : GE Energy, Hitachi, Siemens

Published February 7, 2023

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NJ New Jersey, USA -- (SBWIRE) -- 02/07/2023 -- AMA Research released the latest research publication on Global Concentrated Solar Thermal market that provides up-to-date and peer-reviewed facts, figures and analysis of global developments in technology, policies, and markets. The survey with Concentrated Solar Thermal manufacturers and stakeholders from key geographies, reveals various challenges with regulation, development, and growth scenarios. Additionally stream of Concentrated Solar Thermal M&A activity and growth, as producers strive to stay ahead of the curve. Some of the players profiled in the study are GE Energy (United States), Hitachi (Japan), Siemens (Germany), BrightSource Energy (United States), Directed Vapor (United States), Abengoa (Spain), Acciona (Spain), Areva (France), SCHOTT (Germany), SEIA (United States), NextEra Energy Resources LLC (United States).

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Scope of the Report of Concentrated Solar Thermal
Concentrated solar thermal energy is the generation of heat or electricity through mirrors to concentrate the sun rays to the temperature changing between 400 and 1,000C. This type of energy is then typically employed to heat a fluid, mainly water or oil, which in turn produces steam or hot air. There are various types of mirror shapes and sun-tracking approaches to offer useful energy, but all of them work in a similar principle of driving a heat engine to produce electricity that can then be fed into the grid.

The titled segments and sub-section of the market are illuminated below:
by Application (Residential, Industry, Other), Storage (With Storage (Molten Salt, Others), Without Storage), Technology (Parabolic Troughs, Fresnel Systems, Tower/Heliostat Systems, Parabolic Dishes), Capacity (?50 MW, >50?100 MW, >100 MW), Component (Power Block, Solar Field, Thermal Energy Storage System)

Market Trends:
Rising Adoption of High-Efficiency Systems Along With Favorable Government Policies
Shifting Trends toward Thermal Energy Storage Systems

Increase in Investment from Different Businesses in Renewable Sources
Upsurge In Acceptance of Heat Storage Systems

Market Drivers:
Rise in Government Support in Adoption of Renewable Technologies
Increase in Awareness of Global Warming

Key Developments in the Market:
On 21st May 2019, GE Renewable Energy and TUeV NORD have announced a milestone in the testing and certification of wind turbines, the first design conformity statement to cover a 40-year period. TUeV NORD issued the statement for GE Renewable Energy's 2.7-116 turbine in accordance with the IEC 61400-22 standard.

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Concentrated Solar Thermal Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Concentrated Solar Thermal market
Chapter 2: Exclusive Summary – the basic information of the Concentrated Solar Thermal Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Concentrated Solar Thermal
Chapter 4: Presenting the Concentrated Solar Thermal Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Concentrated Solar Thermal market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Concentrated Solar Thermal Market is a valuable source of guidance for individuals and companies.

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

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